Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McDonnell:

We were seeking to ... at that point in time we had come through the Lehman collapse and we were seek ... and the Government guarantee ... we were seeking to ensure that the bank would be able to continue in ... in operating in existence and as part of that we had to ensure that (a), the bank had proper access to liquidity and (b), the bank had proper access to capital.

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